Ameriprise Financial, Inc.’s stock price drops to $498.17, marking a 6.34% downturn

Ameriprise Financial, Inc. (AMP)

498.17 USD -33.75 (-6.34%) Volume: 0.85M

Ameriprise Financial, Inc.’s stock price stands at 498.17 USD, witnessing a decline of -6.34% in the latest trading session with a trading volume of 0.85M. The stock’s Year-to-Date (YTD) performance also shows a negative trend with a -6.43% drop, indicating a challenging market condition for AMP shares.

Latest developments on Ameriprise Financial, Inc.

Despite facing setbacks in legal battles and earning cautious hold ratings amid adjusted earnings and market conditions, Ameriprise Financial Inc. stock managed to outperform competitors today. Analysts discussed the stock’s performance beyond the numbers, highlighting potential factors influencing its movement. Cody Sims also received the Ameriprise Client Experience Award, while Wayne achieved ‘Circle of Success’ recognition within the company. Meanwhile, Ameriprise suffered a setback in a legal battle with LPL Financial, with both companies taking a hit in the recruiting battle. For those who have owned Ameriprise Financial stock for the last 15 years, the returns would have been significant.

A look at Ameriprise Financial, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Ameriprise Financial has a positive long-term outlook. With strong scores in Growth, Resilience, and Momentum, the company seems well-positioned for future success. The high score in Resilience indicates that Ameriprise Financial is well-equipped to withstand market challenges and economic downturns, providing stability for investors. Additionally, the solid scores in Growth and Momentum suggest that the company is poised for continued expansion and upward momentum in the financial services industry.

Ameriprise Financial, Inc. is a financial planning and services firm that offers a range of solutions for clients’ financial needs. While the company may not score as high in Value and Dividend compared to other factors, its overall outlook remains favorable due to its strong performance in Growth, Resilience, and Momentum. Investors looking for a company with potential for growth and stability in the long term may find Ameriprise Financial to be a promising investment option.

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